UK - Pension provision for local authority contract workers is set to be streamlined following the government's admitted body status review.
Delegates at the Local Authority Pension Fund Forum conference in Bournemouth were given a progress report on the review by the head of the local government pensions unit at the office of the deputy prime minister, Terry Crossley.
He said that while the system of admitted body status had worked well, the aim was to make it better.
Admitted body status is awarded to local government contractors who meet certain criteria to become an employer body of the Local Government Pension Scheme (LGPS).
Crossley said: “We want to make it an almost irresistible option for contractors and if they want to join the scheme then, all things being equal, they will be able to.”
An informal consultation letter on the admitted body status review – which was sent to all interested parties by September – proposed a number of measures including better and clearer drafting of contracts.
Crossley said guides for employers wanting to take up the admitted body option would be simplified but he ruled out making it compulsory for contracting firms to join the LGPS.
He said that this was a move that the government “did not want to see”.
Draft amending regulations will go out to consultation once they have been approved by ministers.
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